Price for Cyanides and Cyanide Oxides; Other than of Sodium in Bangladesh - 2022

Contents:

  1. Price for Cyanides and Cyanide Oxides; Other than of Sodium in Bangladesh (CIF) - 2022
  2. Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Bangladesh

Price for Cyanides and Cyanide Oxides; Other than of Sodium in Bangladesh (CIF) - 2022

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $7,300 per ton, shrinking by -13.1% against the previous year. Overall, the import price, however, posted a pronounced increase. The growth pace was the most rapid in 2014 an increase of 110%. The import price peaked at $16,816 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($16,295 per ton), while the price for India ($2,057 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+114.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Bangladesh

After two years of decline, purchases abroad of cyanides and cyanide oxides; other than of sodia increased by 23% to 9.6 tons in 2022. Overall, imports, however, continue to indicate a deep reduction.

In value terms, imports of cyanides and cyanide oxides; other than of sodia expanded sharply to $70K in 2022. In general, imports, however, faced a deep setback.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea85.563.756.257.4-12.4%
Japan16.63.12.38.6-19.7%
China8.57.67.34.1-21.6%
Others0.10.10.10.10.0%
Total11174.665.970.3-14.1%

Top Suppliers of Cyanides and Cyanide Oxides; Other than of Sodium to Bangladesh in 2022:

  1. South Korea (7.1 tons)
  2. China (1.9 tons)
  3. Japan (0.5 tons)

Source: IndexBox Market Intelligence Platform

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